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This category is the head of all Forex Subjects, including Daily market analysis, Forex Education, Forex Brokers, Strategies, Videos, and Guides.

How Important are Chart Patterns in Forex?

Chartist analysis in forex consists of identifying figures on the price chart, these are usually repeated historically so you can practice in their identification, also they are usually formed in different financial instruments and periods of time, and through them, it is possible to predict with some reliability where the next price movement will follow. It is perhaps the most classic form of analysis in Forex and surely one of the most effective, so your knowledge is always very advisable.

Forex Chart Patterns Might Be an Illusion

If you are new to forex trading, chart patterns are likely to attract your attention quickly because the trader community is full of praises...

Will Forex Trading Last Forever?

The best researchers in the world say that the future is predictable. We can understand how things are going to evolve based on the...
Regular and Inverse Head & Shoulder Pattern

Chart Patterns: The Head And Shoulders Pattern

The Head And Shoulders Pattern

How to Use Retracements to Analyze Waves – Part 3

In this educational post, we will review the third rule on the use of retracements in the wave analysis devised by Glenn Neely.

How to Analyze the Zigzag Pattern – Intermediate Level

The zigzag pattern is a three-wave structure that has a limited number of variations. In this educational post, we'll present how to analyze the zigzag pattern under an intermediate level perspective,

BLU FX Review

BluFX is a foreign exchange broker that works in a slightly different way to traditional brokers by introducing a subscription-based model. In doing this,...

What Are the Advantages of 1:1 Leverage in Forex Trading?

When it comes to leverage, you often see larger numbers being advertised, brokers trying to entice in new traders and new webers with the promise of sky-high leverage. In fact, the new standard of leverage being given by brokers these days is around the 500:1 level which would have been unheard of a few years ago. Some people, however, still swear by simply not using leverage, to use an account with a 1:1 leverage which basically means that you will be using your own money and only our own money, not borrowing from the broker at all. This does of course come with some advantages, advantages that we will be looking at in this article, so let’s jump in and see what the advantages of trading with a leverage of 1:1 are.
Bearish Ideal Ichimoku Strategy Entry

Ichimoku Strategy #1 – The Ideal Ichimoku Strategy

The Ideal Ichimoku Strategy is the first strategy in my series over Ichimoku Kinko Hyo. There are two sides to a trade, and so there will be two different setups

How to Make Real Money with a Forex Demo Account

A demo account serves as a simulation account that traders can use to practice trading in a live environment with virtual currency. Opening a...
video

Why You Will Never Make Money In Forex! Hard Facts!

https://youtu.be/q2tG5vXlzXc

What Equipment Do I Need to Trade Forex?

So, you want to start trading on Forex, but don’t know what equipment you need? Scared that you might start something and then realize...

The US Printed More Money in June Than In Two Centuries!

https://youtu.be/qsTy1JTGlJc

Trading System design -Creating Your Strategy with Tradingview’s Pine Script –...

In part 1 of this article series, we have created the Stochastic RSI indicator as part of our idea for a scalping strategy. Now that we have it functional, we will make the bull/bear phases and visually inspect whether it captures the turning market's turning points.

Analyzing the Triangle Pattern – Intermediate Level Part 3

In the previous article, we expanded the ideas of the triangle pattern; in particular, we talked about the contracting triangle and its variations. In this last part dedicated to the triangle pattern, we will review the non-limiting triangle.
Timepsan Principle - Combined Counts

The Three Principles – Timespan Principle

The Three Principles – Timespan Principle In another correlation to Western analysis, Hosada’s Ichimoku Kinko Hyo system has a timing component within the system. The numbering system used in Ichimoku

The Shark Pattern

Harmonic Pattern Example: Bearish Shark The Shark Pattern The Shark Pattern is the newest harmonic pattern from Carney’s work (2016). He revealed this pattern in his third book in

Everything You Need to Know About Using MACD (Moving Average Convergence...

Moving averages identify trends when filtering price fluctuations. Under this idea, Gerald Appel, an analyst and portfolio manager from New York, developed a more...

198. The ‘Dollar Smile Theory’

Introduction

The Fundamentals of the Japanese Yen (JPY)

In terms of popularity, the Japanese yen (sign: ¥, code: JPY; meaning: circle, round object) ranks third among the eight most traded currencies in the world, only preceded by the USD and the EUR. This currency forms some of the most traded crosses as well, such as the USD/JPY currency pair that holds an 11% volume of all trades worldwide. As such, the JPY is also one of the most liquid currencies and enjoys the status of a reserved currency in many countries around the globe.  

The ATR Indicator and Volatility in Trading

Have you ever considered how to use volatility in your trading? How to apply some filters according to their behavior? The ATR indicator can...

Top Four Questions For a Professional Prop Trader

Becoming a professional prop trader is not easy. The positive results of trading and effort come after a few years. Whatsmore, they may not...

When Can I Trade? Let’s Review Forex Market Trading Sessions &...

The Forex Market is open for trading 24 hours a day, five days a week. The market is divided into 4 different sessions depending...

Hedging and Coverage: What Forex Trader’s MUST Know

If you’ve heard the word hedging or hedging mentioned and you’re not sure exactly what this is about when trading, this article can help....

Negotiation Strategies on Arrow Indicators

Arrow indicators are a set of tools for the "lazy" traders. On Forex charts, possible market entry points are indicated with arrows, green means...

Is There Really a 100% Winning Strategy in Forex?

The short answer to this question is simply, no, there is not a 100% winning strategy, the only way that you can avoid losing...

Forex Currency Pairs 101

You have probably heard about most of the available currencies such as the US Dollar, the British pound, and the Euro, the three of...

The 5 Best Forex Indicators

Forex indicators use mathematical calculations to measure things like volume, exchange rates, open interest, etc. about a currency pair to let traders know if...

Forex Lot Size: How to Limit Risk in Forex More Easily

Position size is usually the easiest way to keep maximum transaction loss under control, and sometimes it is the only way. The size of the forex position is how many forex batches (micro, mini or standard) you order per transaction. Your risk is broken down into 2 parts-transaction risks and account risk.

Analyzing the Triangle Pattern – Intermediate Level Part 2

In our previous article, we saw that the triangle pattern is the most common of the three standard formations defined by R.N. Elliott. In this educational post, we will review the different types of variations of this corrective structure.
Step Four - Reentry

Ichimoku Kinko Hyo Guide – A walk through a trade.

Ichimoku Kinko Hyo Guide – A walk through a trade. I want to preface this guide with a screenshot of my account. [caption id="attachment_48804" align="aligncenter" width="1920"] Trade History[/caption] The

Which Global Trading Session is the Worst? The Answer Just Might...

FWhile the forex market offers the opportunity to trade 24 hours per day, smart traders know that certain times just aren’t prime for trading....

Corrective Waves and the Flag Pattern

Is it possible to simplify the wave analysis and compare it with classic chartist patterns? Identifying Elliott Wave patterns can seem confusing, especially if you are looking to differentiate between a flat or a zigzag pattern. In this educational article, we will look at some of Elliott’s patterns and compare them to traditional chartist figures.

Overview of the ThinkorSwim Trading Platform

The ThinkorSwim trading platform was launched by TD Ameritrade to provide traders with essential trading tools through their browser, desktop, or mobile devices. If...

Microeconomics and Macroeconomics: Are They Necessary In Forex Trading?

If we want to take our Forex trading to a higher level, it is necessary to have some knowledge of microeconomics and macroeconomics. Perhaps...

The Link Between Interest Rates and Forex Trading

Although there are many elements that influence the appreciation of a currency, one of the most important factors to consider is a country’s interest...

Top 10 Fun Facts About Forex Trading

When it comes to forex and trading, there is loads of information out there, it also has a very rich history, so when we...